BEIJING, July 17, 2020 — Tencent-backed Chinese short video platform Kuaishou has announced the agreement of a "strategic alliance" with Formula E, the FIA-backed single-seater motorsport championship. The agreement will see Kuaishou take on several designations, including Formula E’s exclusive short-video content partner, exclusive live streaming short-video platform, and official…
ShopSave–to Build “Buy to Save, Share to Earn” Social E-commerce Cashback Platform
GUANGZHOU, China, July 17, 2020 — In 2020, ShopSave, the newest social sharing-oriented shopping guide e-commerce platform went live. It was launched by Ruiku Information Technology Co., Ltd. Terry Wang, CEO, says: "ShopSave seeks to satisfy consumer’s demand for cost-effective branded and high-quality products and strives to build ‘Buy to…
From “Story of Yanxi Palace” to “The Bad Kids”, iQIYI’s Hit Dramas Lead Progression of Chinese Drama Productions
BEIJING, July 17, 2020 — iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, recently released multiple blockbuster drama series, including The Bad Kids (the "Show"), an iQIYI original suspense series which has become a hit sensation in China for its strong story…
Blue Hat Announces Closing of Previously Announced Sale of Senior Secured Convertible Notes and Warrants
XIAMEN, China, July 17, 2020 — Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced the closing on July 15, 2020 of its previously announced sale of…
PUBG Mobile Teams up With Direct Relief for COVID-19 Global Emergency Response
Blockbuster mobile game PUBG MOBILE is launching social responsibility campaign “Play As One” with in-game challenge and community fundraiser to support the humanitarian aid organization Direct Relief on the COVID-19 global response project LOS ANGELES, July 17, 2020 — PUBG MOBILE, the worldwide popular mobile game, has partnered with Direct…
ZTE and Omdia co-host a global 5G SA webinar
SHENZHEN, China, July 17, 2020 — ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it has hosted a live-streaming global 5G SA webinar in partnership with Omdia, a global leading technology research powerhouse. At…
Virtual Private Network Proxy Master Turns Slow Streaming into a Thing of the Past with the Release of its Fastest-Ever Virtual Private Network Service
Lemon Clove unveils next-gen Virtual Private Network service with speeds up to 118 Mbps, for more secure, faster browsing and increased productivity for offices. SINGAPORE, July 17, 2020 – During the circuit breaker, people are not able to travel, but they can travel virtually with access to content across the…
Jianpu Completes Registration of its Financial Services Application, Rong360, with China’s NIFA
BEIJING, July 17, 2020 — Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for the discovery and recommendation of financial products in China, today announced that it has completed its registration and the required information filing for its mobile application, Rong360, with the National Internet…
Electrolux Q2 Interim Report 2020: Navigating Through Challenging Market With Reinforced Strategy
STOCKHOLM, July 17, 2020 — The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the second quarter of 2020 Net sales amounted to SEK 23,476m (29,232). Organic sales declined by 16.6%, due to lower volumes. The development of the coronavirus pandemic…
Ericsson Reports Second Quarter Results 2020
STOCKHOLM, July 17, 2020 — Second quarter highlights Sales were SEK 55.6 (54.8) b. Sales adjusted for comparable units and currency were flat YoY. Gross margin excluding restructuring charges improved to 38.2% (36.7%), including the earlier communicated inventory write-down related to Mainland China (SEK -0.9 b.,…
